I meant to write about another cool German word, and then I found this in an article. Genehmigungsverfahrensbeschleunigungsgesetz is the perfect German word. It is, of course, a compound word, consisting of:

Genehmigungsverfahren - permission approval process (a compound word as well)
Beschleunigung - acceleration
Gesetz - law

We Germans needed to make a law to cut down on the many hurdles of our bureaucracy to get permissions for infrastructure projects, just to be able to actually build streets, bridges and public transport. First we make laws to create bureaucracy and then we have to make laws to deal with it. Franz Kafka must be proud of us.